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Play The Real-Life Money Game With Your Teen

About.com Rating 4

By , About.com Guide

The Bottom Line
Every parent knows children learn through play. It’s no different for teenagers. The author of Play The Real-Life Money Game With Your Teen, Sarah Williamson, has taken this concept and churned out a wonderful book that will help many parents of teens teach financial responsibility – and may give them a few tips too. By playing the real life money game your teen will learn how to generate money, save it, use debt wisely and much more.
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Pros
  • Book makes learning about money fun.
  • Includes worksheets to practice techniques.
  • While intimidating at first look, the book is very easy to use.
  • Sturdy construction can handle a teen’s use and reuse.
Cons
  • No simple way to start, jump in and go approach.
Description
  • Includes reliable money management principles.
  • Teaches how to put together a financial binder.
  • Teaches financial independence through good fiscal habits, may help avoid the 'I need money' college calls.
  • How to keep score is well explained.
Guide Review - Play The Real-Life Money Game With Your Teen
Book Description: Written by a parent, tested on teenagers, Play the Real-Life Money Game With Your Teen is an easy and fun approach to building your teen's financial skills, resolving conflict around money issues, and helping your son or daughter become a financially responsible adult. Hands-on financial tools include: a step-by-step approach to developing a plan, a score-keeping box to gauge progress, plus worksheets and practical tips for earning, spending, saving, giving, borrowing, lending, investment and taxes.

Denise's Thoughts: I enjoyed the book and do feel it teaches very important financial independence skills. Your teenager can benefit from it. But I do find it very involved in the fact that it is an active type of approach that requires a time commitment and organizational skills to pull off. Yes, I feel it is worth the time spent, but know this before buying the book.

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